Wen Price Prediction: WEN Soars 141% in One Week as New Solana Meme Coin Smog Enters Top 20 Meme Coins.
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The price of the won has surged 20% in the last 24 hours and 141% in the past week. Traded for $0.0001038 As of 6:15 PM EST.
This surge comes amid a strong upward trend across cryptocurrency markets. The S&P Crypto Broad Digital Market Index has surged 21% so far this month.
Wen Price signals a bull rally above a cup and handle pattern.
WENUSDT Analysis by Tradingview
Wen price is currently in an upward trend after breaking out of a consolidation phase formed around $0.00004. that Trading a cup and handle pattern that supports the expected bullish rally signals traders to prepare to add more long positions.
Technical indicators are generally bullish and the 50-day simple moving average (SMA) provides immediate price support below the handle portion of the pattern, giving bulls a platform to blow prices higher.
The Relative Strength Index (RSI) indicates a bounce from the midline of 50 and the trend is from 61 towards the overbought level of 70. This indicates strong buying pressure on the Korean won price.
MACD is trading above a neutral position with the blue line crossing the orange signal line. Although still negative, the histogram displays positive bars as it approaches the neutral position. A positive bar above the neutral position will confirm the expected rally ahead.
Wen price targets a new high at $0.0002131.
Bulls may be utilizing the cup and handle pattern. This represents an opportunity for a sustained bullish rally despite a short-term correction by the bears. Forming the handle part of the pattern. Because of this, Wen Bull In the coming weeks, we aim to push the price to a new high of $0.0002131, a 65% increase from the current price.
Meanwhile, a new meme coin, SMOG, has appeared on the cryptocurrency scene as Wen traders wait for a new entry position. SMOG promises the largest Solana-based airdrop ever, entering the top 20 meme coin rankings with a market capitalization of $67 million.
Smog: Solana’s Latest Meme Coin Enters Top 20
smog The latest Solana meme coin to challenge the likes of Bonk, Myro, and Dogwifhat.
The token leads the charge with the banner “No meme coin can survive the fire of SMOG” and provides holders access to a professional cryptocurrency community called ‘The Dragon’s Court’. This is part of a larger goal to create unstoppable buzz in the meme coin space.
Largest airdrop ever
There are also market rumors that Smog plans to announce a listing as early as next week on exchanges including BuyBit, Gate.io, and KuCoin.
We are also planning to conduct the “greatest airdrop of all time”. Although few details have been announced, We are allocating 35% of the 1.4 billion token supply for the upcoming airdrop.
To be eligible for the airdrop, you must purchase and hold $SMOG tokens in your wallet. Then, airdrop points will be accumulated. You can also earn more points by completing Zealy quests, including daily, weekly, and monthly tasks.
one #memecoin To rule them all! 🚀
Get ready for the best moment #airdrop Distributed in History #Solana. 💰
join #smog From Jilly! 🔥
Profile link 🔗 pic.twitter.com/vsn4p5cSF4
— Smog (@SMOGToken) February 8, 2024
to Buy SMOG tokens, you will need a wallet like Phantom or Solflare. Connect your wallet to Jupiter, Solana’s largest platform, and swap and buy USDC, USDT or SOL.
Visit and purchase Smog on the official website here.
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